The discussion featured Gordon Schaller, a prominent estate and tax lawyer and head of JMBM’s Orange County office and Bill Capps , chairman of JMBM’s Corporate Department. Bill and Gordon focused on certain business opportunities emerging from the distressed state of the current economy. They explained how the convergence of low business valuations and interest rates, high volatility, and discounts has created a once in a lifetime opportunity for business owners to create estate freezes that reduce estate taxes and preserve the business for future generations. The convergence of these factors also creates the opportunity to re-examine business succession, buy-sell structures and preparation of the company for the next business cycle.
*This activity was approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of one hour(s) [of which one hour(s) will apply to legal ethics; prevention, detection, and treatment of substance abuse; and/or elimination of bias credit, as appropriate to the content of the activity]. Jeffer Mangels Butler & Marmaro LLP certifies that this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education.